The MSRB plans to offer municipal advisors the opportunity to take a pilot Series 50 exam later this year. Volunteers who take and pass the pilot Series 50 exam will obtain the municipal advisor representative qualification and will not be required to take the permanent Series 50 exam. The pilot exam assists the MSRB in validating the bank of exam questions and establishing a passing grade for the examination. Municipal advisors interested in volunteering to take the pilot exam may sign up here to receive details about the test-taking process as they become available.